Latest Traffic News

Downer EDI Limited has been named preferred contractor for four major New Zealand state highway maintenance contracts, securing an estimated NZD 870 million in revenue over initial contract periods starting May 2026.

Zeotech Limited has completed a significant test pit at its Toondoon Kaolin Project, producing over 2,300 tonnes of kaolin and progressing key approvals to fast-track mining and product development.

Acusensus Limited has announced a $30 million equity placement to bolster its balance sheet, alongside winning a landmark $34 million contract in Connecticut, marking a significant step in its US expansion. The company also reported multiple contract expansions in Australia and a new debt facility to support its growth ambitions.

Nanoveu’s subsidiary EMASS has teamed up with Semtech to integrate ultra-low-power AI with long-range LoRa connectivity, promising smarter, battery-efficient IoT devices for industrial and smart city applications.

Transurban Group has announced a 34.0 cents per stapled security interim distribution for the half-year ending December 2025, maintaining its FY26 distribution guidance at 69.0 cents. The Distribution Reinvestment Plan will operate without a discount, signaling steady confidence amid ongoing macroeconomic uncertainties.

Transurban Group has announced a 34.0 cents per stapled security interim distribution for the half-year ending December 2025, reaffirming its full-year FY26 guidance of 69.0 cents. The Distribution Reinvestment Plan will proceed without a discount, signaling steady confidence amid ongoing market conditions.

GTN Limited has appointed Vic Lorusso as its Global CEO, entrusting him with expanding the company’s footprint across Australia, the UK, Brazil, and Canada. His compensation package ties significant rewards to performance milestones, signaling a strategic push forward.

Joyce Group reported solid FY25 results with strong revenue growth and a 20% expansion in KWB showrooms, alongside a key leadership transition at KWB.

Axel REE Limited reports promising metallurgical results from its Caladão Project in Brazil, confirming a magnet-rich ionic clay system with rare earth grades comparable to established Asian operations. These findings underpin a low-capital, low-operating cost in-situ leach development strategy.

Harvey Norman Holdings detailed its expansive international growth and omni-channel strategy at its 2025 AGM, highlighting new flagship stores and AI-driven retail innovations across eight countries.

MCS Services Limited has agreed to sell the core assets of its Highways Traffic subsidiary to Altus Traffic for $1.4 million, pending shareholder approval. The deal marks a strategic step to streamline operations following previous divestments.

Genesis Minerals has secured crucial rail agreements that clear the path for developing the Tower Hill open pit gold mine and expanding the Leonora mill, targeting first ore in FY28.